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ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DNUT
GlobeNewswire News Room· 2025-06-19 19:43
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Krispy Kreme, Inc. securities between February 25, 2025, and May 7, 2025, of the July 15, 2025, deadline to serve as lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - A class action lawsuit has been filed against Krispy Kreme, and investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - Investors wishing to serve as lead plaintiff must file with the court by July 15, 2025 [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3] Group 3: Case Allegations - The lawsuit alleges that during the class period, Krispy Kreme made false and misleading statements regarding the demand for its products at McDonald's locations, which declined materially after the initial marketing launch [4] - It is claimed that the partnership with McDonald's was not profitable, leading to a pause in expansion into new locations and that the positive statements made by the defendants were materially misleading [4]
WGS Investor News: If You Have Suffered Losses in GeneDx Holdings Corp. (NASDAQ: WGS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-06-19 19:43
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GeneDx Holdings Corp. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by a report from Grizzly Research, which claims that GeneDx is involved in widespread fraud, manipulating Medicaid and Medicare systems to inflate revenue [3]. - Following the allegations, GeneDx's stock experienced a decline of 6.7% on February 5, 2025 [3]. Group 2: Class Action Details - Shareholders who purchased GeneDx securities may be eligible for compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
Why EchoStar Has Blasted 48% Higher This Week
The Motley Fool· 2025-06-19 19:31
Since last Friday, shares of the satellite television and wireless operator EchoStar (SATS 2.01%) had blasted nearly 48% higher as of Thursday, a day in which the market is closed due to the observance of Juneteenth. The stock rocketed higher after media outlets reported that President Trump has encouraged the company and the U.S. Federal Communications Commission (FCC) to make a deal and end their dispute.A complex regulatory battleEchoStar owns several satellite, phone, and television companies, including ...
CN’s Falcon Premium Wins Award for Intermodal Excellence
Globenewswire· 2025-06-19 19:30
Core Insights - CN's Falcon Premium intermodal service has been awarded the Silver Container Award by the Asociación Mexicana del Transporte Intermodal (AMTI), recognizing its excellence in cross-border intermodal transportation between Mexico, the United States, and Canada [1][4] Group 1: Award Recognition - The Silver Container Award highlights the transformative impact of Falcon Premium on intermodal shipping and CN's commitment to building smarter, greener, and more resilient transportation networks [4] - AMTI is Mexico's leading intermodal transport association, promoting best practices in cross-border logistics [1] Group 2: Service Features and Benefits - Falcon Premium provides truck-like service reliability, enhancing speed, reliability, and environmental efficiency for freight movement from Mexico through the U.S. to Canada [2][3] - The service eliminates truck interchanges and optimizes route mileage, offering the most direct and fuel-efficient rail connection between Canada and Mexico, thereby accelerating speed-to-market and lowering emissions [3] Group 3: Collaboration and Industry Impact - CN developed Falcon Premium in collaboration with Union Pacific (UP) and Grupo México Transportes (GMXT), delivering a seamless all-rail interline service connecting Canada, the U.S. Midwest, and Mexico [2] - The service is recognized as one of the most efficient means to reach North America sustainably, with a significant reduction in greenhouse gas emissions by up to 75% [2]
Coinbase Stock Pops as Senate Passes GENIUS Stablecoin Bill
MarketBeat· 2025-06-19 19:26
Core Viewpoint - The passing of the GENIUS Act by the U.S. Senate is a significant development for Coinbase Global, establishing a federal regulatory framework for stablecoin issuance, which is expected to benefit the company in the long term [1][2]. Group 1: Legislative Impact - The GENIUS Act allows non-banks to issue stablecoins, which is crucial for Coinbase due to its partnership with Circle Internet Group, the operator of USD Coin (USDC) [2][3]. - Coinbase earns 100% of the reserve income from USDC deposits on its platform and 50% from deposits outside of Coinbase, with USDC revenue reaching $298 million last quarter, accounting for over 15% of total net revenue and growing nearly 51% year-over-year [3][4]. - The act legitimizes the stablecoin market by providing a bank-like regulatory framework, which includes capital, liquidity, and risk management rules for stablecoin issuers [4][5]. Group 2: Market Potential - Analysts predict the global stablecoin market, valued at $230 billion at the end of March 2025, could grow to between $500 billion and $3.7 trillion by 2030, indicating a potential increase of at least 600% [8]. - The combination of the GENIUS and STABLE bills is likely to become law, allowing Coinbase to capitalize on the anticipated growth in the stablecoin market with fewer regulatory hurdles [7][8]. - The favorable regulatory environment and growth potential in the stablecoin market position Coinbase for a potential bull run in its stock price [8].
Canada to adjust counter-tariffs on US steel, aluminum imports
Proactiveinvestors NA· 2025-06-19 19:24
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
CODI DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Compass Diversified Holdings Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CODI
GlobeNewswire News Room· 2025-06-19 19:18
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Compass Diversified Holdings during the specified class period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][3] Group 1: Class Action Details - The class period for the Compass securities class action is from May 1, 2024, to May 7, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm [3][6] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions [4] - Rosen Law Firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions for investors [4] Group 3: Case Allegations - The lawsuit alleges that Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial statements [5] - It is claimed that these irregularities rendered Compass's overall financial statements unreliable and necessitated a restatement [5] - The lawsuit asserts that Compass failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [5]
Pure-Play Quantum in Focus: IONQ, QBTS Shine, RGTI a Wait-and-See
ZACKS· 2025-06-19 19:01
Core Insights - Quantum computing is at a pivotal moment, with NVIDIA's CEO stating it is reaching an "inflection point" and IBM targeting a large-scale quantum computer by 2029 [1][2] Company Summaries IonQ - IonQ achieved a significant milestone with a $22 million sale of 50% compute capacity from its Forte Enterprise system to EPB Chattanooga, marking the first commercial deployment combining quantum networking and computing [6] - The company is pursuing strategic acquisitions, including a $1.1 billion acquisition of Oxford Ionics, and plans to acquire Lightsynq and Capella to enhance its technological capabilities [6][7] - IonQ's stock is currently trading 27.6% below its 52-week high, with a Zacks Consensus Estimate for 2025 earnings indicating a 69.9% improvement over 2024 [8] D-Wave Quantum - D-Wave Quantum reported a 509% year-over-year revenue increase in Q1 2025, primarily due to a system sale to the Julich Supercomputing Center, with an adjusted gross margin of 93.6% [11] - The company claimed quantum supremacy by simulating a problem that would take classical supercomputers millions of years to solve, showcasing its new Advantage2 system with over 4,400 qubits [12] - D-Wave's stock is trading 20.5% below its 52-week high, with a Zacks Consensus Estimate for 2025 earnings suggesting a 72% year-over-year improvement [13] Rigetti Computing - Rigetti is focusing on its gate-based superconducting quantum architecture, with key projects including participation in DARPA's Quantum Benchmarking Initiative and a $5.48 million project for chip fabrication technology [15] - The company experienced a revenue decline to $1.5 million in Q1 2025 from $3.1 million in the previous year, with a gross margin decrease to 30% [16][17] - Rigetti's stock is currently trading 47% below its 52-week high, with a Zacks Consensus Estimate for 2025 earnings indicating an 86.1% year-over-year improvement [17] Final Thoughts - IonQ and D-Wave Quantum are positioned as stronger investment options due to their significant technical and financial achievements, while Rigetti faces challenges with revenue declines and margin compression [19]
Hot Days Don't Have to Mean High Bills
Prnewswire· 2025-06-19 18:55
Core Insights - FirstEnergy Corp. provides practical tips for customers to manage energy use during the summer heat wave, emphasizing cost control and comfort [1][2]. Group 1: Energy Management Tips - Boost airflow with ceiling or box fans to reduce air conditioning use [5] - Use window AC units only when rooms are occupied [5] - Set thermostats as high as comfort allows [5] - Block the sun by keeping blinds and curtains closed during daylight hours [5] - Close vents and doors to rooms not being used [5] - Delay chores like laundry, dishwashing, and cooking until early morning or late evening [5] - Grill outdoors instead of heating up the kitchen [5] - Unplug electronics and chargers when not in use [5] - Choose ENERGY STAR® appliances and HVAC systems when upgrading [5] - Clean or replace HVAC filters regularly [5] Group 2: Company Overview - FirstEnergy is one of the nation's largest investor-owned electric systems, serving over six million customers across multiple states [3] - The company's transmission subsidiaries operate more than 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [3]
Super Micro Computer Stock's Rally Backed by Strong Financials
MarketBeat· 2025-06-19 18:39
Core Viewpoint - Super Micro Computer Inc. (SMCI) has experienced significant stock volatility due to negative headlines, but these issues have largely been resolved, presenting an opportunity for investors to capitalize on potential upside [1] Company Overview - Super Micro Computer's current stock price is $44.47, with a P/E ratio of 23.39 and a price target of $45.63, indicating a potential upside of 2.60% [2][11] - The company reported revenues of $4.6 billion, reflecting an annual growth rate of 19%, and is expected to see revenues between $5.6 billion and $6.4 billion in Q4 2025, indicating continued double-digit growth [7][8] Industry Dynamics - The semiconductor industry is currently in an upcycle, characterized by a research and development cycle followed by a sales cycle, with companies like NVIDIA launching new products that will drive sales [4][5] - Super Micro Computer's products are linked to NVIDIA's new Blackwell super semiconductor, which is expected to create a favorable environment for the company's stock [5][6] Financial Performance - Operating cash flow for Super Micro Computer was reported at $795.9 million for the quarter, a significant increase from the previous year's $1.8 billion, indicating a shift towards product development [9] - The company has shown a year-to-date performance increase of up to 46%, outperforming the broader technology sector and the S&P 500 index [10] Market Sentiment - Analysts project earnings per share (EPS) of $0.94 for Q4 2025, a 203% increase from the current EPS of $0.31, aligning with the anticipated growth from the industry cycle [11][12] - Institutional investors have increased their holdings in Super Micro Computer by 19%, indicating growing confidence in the stock's momentum [13]